As a generation of experienced captive insurance professionals retires, the industry is at risk of losing a reservoir of experience, brainpower and knowledge. The community as a whole needs to do more to ensure it hires new, young talent to absorb this knowledge—before the baby-boomers are all gone, says Jeff Kehler at Somers Risk Consulting.
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Latest cayman captive news
The Cayman Islands Monetary Authority (CIMA) issued 33 new insurance licenses in 2019, matching the number of new licenses issued the previous year.